NOT LISTED FOR SALE

Estimated Value: $2,046,000 - $2,557,716

1.01 Acres
$2,309,831 Price per Acre
43,996 Sq Ft Lot

Sale Details

Date Sold: November 30, 2017

Last sale price $230,000

Est. 914% increase in value since last sale

Current estimated payment $13,091 / mo

654 Days on Market

Highlights

  • Views of Red Rock
  • Gated Community
  • Level Lot

About This Lot

As of November 2017

PRICED TO SELL. The lowest priced lot at CR Ranch. Original owner paid $370,000 in 2005 and later sold it for $500,000. Fantastic views of Cathedral Rock and 7 Warriors and Napoleons Tomb. Level lot for easy build.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 02/05/2016

Co-Listed By

Douglas Eagen

Coldwell Banker Realty License #SA653522000

Last Buyer's Agent

Gerald Butterbrodt

Better Homes and Gardens Real

Better Homes and Gardens Real

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,195

Lot Details

  • 1.01 Acre Lot
  • Level Lot
  • Property is zoned RS

Property Views

  • Red Rock
  • Panoramic
  • Mountain

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 40830112

Community Details

Overview

  • Property has a Home Owners Association
  • Cathedral Rock Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,195

Lot Details

1.01 Acres

Listing Details

  • Property Type: Land
  • Topography: Level
  • Zoning: RS
  • Tax Year: 2014
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: cbr838
  • Co List Office Phone: 928-284-0123
  • Subdivision Name: Cathedral Rock Ranch
  • View:Mountain View(s): Yes
  • View Red RocksBoulders: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Rural
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gated Community
  • View: Mountain(s), Red Rocks/Boulders, Panoramic
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size: 358X275X150X117
  • Lot Size Sq Ft: 43995.6
  • Parcel #: 40830112

Tax Info

  • Tax Annual Amount: 2195.0
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Merz Lynn A and Hoeft John R
Bought by
Hoeft Family Trust and Hoeft
Current Estimated Value
$2,332,929

Purchase Details

Closed on
Jul 16, 2021
Sold by
Hoeft John R
Bought by
Hoeft John R and Merz Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,108,980
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2016
Closed on
Oct 27, 2017
Sold by
Hb Sedona Llc
Bought by
Hoeft John R
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Gerald Butterbrodt
Better Homes and Gardens Real
List Price
$239,500
Sold Price
$230,000
Premium/Discount to List
-$9,500
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.59%
Original Mortgage
$172,500
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2009
Sold by
Bank Of America Na
Bought by
Hb Sedona Llc

Purchase Details

Closed on
Feb 6, 2009
Sold by
Scharf Bruce
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 13, 2005
Sold by
Shah Siddharth
Bought by
Scharf Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Cathedral Rock Ranch Llc
Bought by
Shah Siddharth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hoeft Family Trust -- None Listed On Document
Hoeft John R -- Yavapai Title Agency Inc
Hoeft John R $230,000 Premier Title Agency Sedona
Hb Sedona Llc $200,000 Security Title Agency
Bank Of America Na -- First American Title Ins Co
Scharf Bruce $500,000 Transnation Title
Shah Siddharth $370,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoeft John R $1,108,980
Previous Owner Hoeft John R $172,500
Previous Owner Scharf Bruce $425,000
Previous Owner Shah Siddharth $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $230,000 -4.0% --
11/20/2017 11/20/17 Pending -- -- --
02/05/2016 02/05/16 For Sale $239,500 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2027 $8,669 $184,514 -- --
2026 $8,291 $183,203 -- --
2024 $8,639 $184,490 -- --
2023 $8,639 $28,510 $28,510 $0
2022 $2,262 $26,216 $26,216 $0
2021 $2,295 $23,972 $23,972 $0
2020 $2,536 $0 $0 $0
2019 $2,511 $0 $0 $0
2018 $2,397 $0 $0 $0
2017 $2,332 $0 $0 $0
2016 $2,302 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 506074

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-30-112

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